We purchased our first rental property nearly ten months ago. We wanted share our experiences, thoughts, and lessons learned with other new or soon-to-be landlords. Our hope is that you take away something from this...
Greetings BiggerPockets Family,I'm so excited to present this potential opportunity to acquire my first deal. Here are the details. My mother sister and I are close to raising 25-30k to invest in real estate in Chicag...
I have a question for those who have extensive dealings with property management companies.
Would you expect, as an owner, or is it common for the 3rd party PM companies to perform inspections of your properties for...
I found a multifamily property that is open to owner financing the entire property, but I do not have any money for closing costs Is it possible to add the closing costs to the note the seller will be holding, if the ...
Hey guys and girls,So when using rental property calculators what % do use for the expenses and growth monthly?I’ve been using 5% vacancy 10% repair costs 5% CapEx 10% management feesI assume all utilities will be han...
Hello,I was wondering if there is any disadvantage to having an 11-month lease, instead of a 12-month lease. I had the perfect lease start time and end time but I let my renters do an extra month at the end of their l...
Im planning to convert my duplex (in Indianapolis, Garfield Park area) to a triplex and need some help with a decision about the 3rd unit. Upstairs is a 2br/1ba, one downstairs unit is 1br/1ba, and the third unit in ...
I’m just starting out in real estate investing, and looking to own my first multi family property in 2019.
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Phila.
Purchase price: $305,000
Cash invested: $25,000
Buy, Live and Hold. Bought it with an FHA loan and lived in one un...
We just went under contract on a medium size multi family unit on Patton Rd by Redstone Arsenal and wanted to see if anyone can shed light on the area. Have heard a few negative comments about the area. A lot of multi...